GameStop (NYSE: GME) stock price has retreated sharply in the past few weeks as the meme mania faded. After soaring to $65.20 in May, it has plunged by over 62% to the current $24.93, costing investors over $1 billion.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.The good and the uglyCopy link to sectionGameStop, a video game retailer, has become one of the luckiest companies in the United States. In 2021, it became the poster child of the meme stoc ...

At this point, I don’t see any good reasons to buy or even hold GameStop (NYSE:GME) stock. Fundamentally, the company’s business is contracting and its business model is broken while its CEO, Ryan Cohen, does not seem to have a viable plan to turn the company around. Also importantly, the valuation of GameStop stock is not particularly attractive and Cohen has a mixed record at best. On a more technical level, the meme stock rallies that had propelled the shares higher in recent weeks could not be sustained ...

Loading...Loading...On Wall Street, market gurus come and go. Every few years, there's a new “expert” who gains a following and can influence markets.One thing that never changes is market principles. The GameStop Corp. GME chart has a technical lesson, and that’s why it’s our Stock of the Day. GameStop’s $63 Resistance Level: Stocks tend to hit resistance and reverse when they reach price levels that were previously peaks or tops.There are traders and investors who buy at the very top. Many of them come to ...

文章核心观点 - Reddit 是一家社交媒体公司,在2021年"meme股"热潮中引起关注 [1] - Reddit 通过广告和数据内容授权等方式获得收入 [3] - Reddit 与 OpenAI 达成合作,将使用 OpenAI 的 AI 模型来增强 Reddit 内容 [4][5] - Reddit 股票呈现下降三角形走势,面临突破或下跌的风险 [6] - Reddit 的收入和调整后EBITDA均呈现高速增长 [7][8] - Reddit 的用户数量快速增长,达到8000万日活跃用户和5亿月活跃用户 [9][11] - Reddit 正在提高国际化水平,并投资AI和机器学习来提升内容相关性和用户参与度 [12][13] 公司表现 - Reddit 首次公开募股后股价出现大幅波动,从发行价74.9美元跌至37.35美元 [1] - Reddit 第一季度收入同比增长48.4%,超出分析师预期 [8] - Reddit 将第二季度收入指引提高至2.4-2.5亿美元,高于分析师预期 [10] - Reddit 第一季度用户数同比增长37%,达到8000万日活跃用户 [11] 行业情况 - Reddit 在社交媒体行业与Meta、Snap和Pinterest等公司竞争 [2] - Reddit 正在利用机器翻译等技术来拓展国际市场 [12] - Reddit 正在开发用户经济相关功能,如虚拟货币和第三方开发平台,以提高用户参与度 [13]

Do you trade stocks for excitement and thrills, or to make money and actually keep it? This is a question for sensible investors to consider as GameStop (NYSE:GME) is certainly garnering attention in 2024, but not for all the right reasons. Building wealth slowly and sustainably is better than chasing get-rich-quick dreams with GameStop stock. It’s not just about returns; it’s about risk-adjusted returns. When the risk is too high, you’d better just step aside. So, don’t just follow a famous meme stock trad ...

Meme stock madness has returned to Wall Street after a three-year hiatus, with Roaring Kitty (a.k.a. Keith Gill) drawing in massive crowds online with his big bets on GameStop (NYSE:GME) stock. Though Roaring Kitty has since (reportedly) dumped his GME options, he’s still long on the stock big-time, with a huge stake worth anywhere from $220,000 to $262,000. Given how profoundly volatile GME stock has been, the value of his stake is sure to change by double-digit percentage amounts on any given day.Although ...

After weeks of surging through the hype, GameStop’s (NYSE:GME) fanfare appears to finally be subsiding. Now, retail investors are more aware of this stock’s risks in times of short squeezes and meme frenzy. Indeed, holding GME stock poses heightened risk of total loss amid a dip in market sentiment. Management could retreat from investment positions due to market panic. Also, there’s always the potential for future stock issuance, if the price does go up.It’s my view that GME stock is a meme stock best avoi ...

Loading...Loading...Meme stocks are back in the spotlight with the resurgence of Keith Gill, aka Roaring Kitty, on social media after a three-year break. His return reignited interest in meme stocks like GameStop Corp GME, AMC Entertainment Holdings Inc AMC, and others, causing a significant surge in their prices. For investors looking to ride this wave, here are three ETFs to consider:VanEck Social Sentiment ETF BUZZThe VanEck Social Sentiment ETF offers exposure to large-cap U.S. stocks that show high pos ...

GameStop investors got another news dump on Monday, this time from the company at its annual shareholders meeting. CEO Ryan Cohen told investors the video game retailer plans to "continue reducing costs and focusing on profitability," without elaborating.  Shares fell 12% and slipped further on Tuesday, but are still up over 100% this quarter amid extreme volatility. Much of the gains have been driven by retail investor "Roaring Kitty" who disclosed an update to his GameStop holdings in early May, after a t ...

GameStop (NYSE:GME) held its delayed annual meeting for shareholders on Monday, June 17. The anticipation was palpable. Originally scheduled for June 13, the meeting had to be postponed because the livestream attracted so much attention it crashed the host’s servers.The rescheduled meeting, however, was a let down. CEO Ryan Cohen spoke briefly, espoused generalities and gave little hint at what the plan was for the video game retailer’s future. He took no shareholder questions and the virtual meeting conclu ...